Understanding Allocate: Definition, Examples, and Purpose

Allocate is a verb that means to assign or distribute resources, such as money, time, or assets, to a particular purpose or task. It can also refer to the act of assigning a specific amount of something to a particular person or group.

For example:

* The company allocated $100,000 to the marketing budget for the new product launch.
* The manager allocated the team members specific tasks and deadlines for the project.
* The government allocated funding to support research into renewable energy sources.

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